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Regulatory Reporting Accountant
Date Posted: 29 February, 2024
Belmont Green
Hybrid
Role Purpose

The successful candidate will be able to hit the ground running and support with the testing and implementation of the regulatory reporting IT system whilst getting key controls in place ahead of the transition to a bank.

 

Once authorised, the role holder will play a key role in ensuring the Bank complies with its current and future reporting obligations as a part of a small Regulatory Reporting team.  This role offers the right candidate the opportunity to develop their knowledge and skills across the whole prudential framework.

Key Responsibilities
  • Play a key role in the preparation of regulatory reporting including COREP, FINREP, Bank of England and PRA returns.
  • Provide insight on key movements and trends by producing concise commentary to support return reviews.
  • Assist with the identification and management of changes to reporting processes driven by the regulator and the business.
  • Create and maintain procedures.
  • Test and assess the effectiveness of key controls to ensure the regulatory reporting control framework remains robust and fit for purpose.
  • Work closely with the bank's finance, risk, and compliance teams to ensure regulatory compliance.
  • Identify and address potential regulatory issues and provide recommendations for resolution.
Knowledge & Experience
  • Experience of regulatory reporting ideally within a retail banking environment.
  • Experience in creating and maintaining procedures for regulatory reporting.
  • Excellent attention to detail and analytical skills
  • Strong communication and interpersonal skills
  • Ability to work independently and manage multiple tasks simultaneously.
  • Strong problem-solving skills and ability to identify and address potential regulatory issues.
  • Desirable: Fully ACA/ACCA/CIMA qualified
Benefits

Belmont Green and Vida offers a comprehensive benefits package to support our employees’ professional and personal needs.

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